Weekly Freight Recap: 15/08/24
Aug 15, 2024
PANAMAX
Atlantic: The Panamax market saw continued rate declines this week, driven by limited demand and cautious sentiment across the Atlantic. The market showed a split between mineral and grain routes. While there was some support for early September South American arrivals, the overall outlook remains weak, with further rate corrections expected.
Pacific: In the Pacific, demand showed modest improvement, particularly for Japan-bound trips. However, ongoing pressure from a weak coal market, especially in China, kept rates under strain. Despite some fresh support, uncertainty persists, leading to continued rate adjustments.
SUPRAMAX
Atlantic: The Supramax market remained subdued with limited fresh activity. In the US Gulf, earlier gains have stalled, and the South Atlantic stayed stable with little change in rates. The Continent-Mediterranean routes lacked momentum, and overall market sentiment remained cautious.
Pacific: The Pacific Supramax market showed slight stabilization, with increased inquiries and firmer rate discussions. However, overall activity was still limited, and the balance between supply and demand resulted in minimal rate movement.
HANDYSIZE
Atlantic: The Handysize market showed some stability, particularly in the Continent-Mediterranean region, where rates improved slightly despite limited activity. In the South Atlantic, the market may have found a floor, but overall activity remained low.
Pacific: The Pacific Handysize market remained quiet, with little new information or significant rate changes. The market stayed balanced, with demand and supply in equilibrium, leading to minimal movement.
Weekly Recaps
Commodities
Agri- Commodities:
11-15/08/25 Agri
Aug 18, 2025
Grain markets experienced another volatile week as political developments, trade disputes, and bearish USDA data drove sentiment. Early in the week, soybeans surged on speculation that Chinese buying might resume following Donald Trump’s extension of tariff pauses, but corn and wheat failed to follow. Export inspections painted a mixed picture, with corn and soybeans performing well while wheat lagged. The USDA’s August WASDE loomed large over the market, with traders bracing for higher yield estimates.
Freight
Freight Recap:
14/08/25
Aug 14, 2025
The dry bulk market presented a mixed performance this week, with the Supramax segment edging higher, Handysize holding steady with minor gains, and Panamax showing a regional split — weaker in the Atlantic, firmer in the Pacific.
Commodities
Agri- Commodities:
04–08/08/25 Agri
Aug 11, 2025
Grain markets swung sharply this week, rebounding midweek before easing, driven by yield outlooks, export data, and geopolitical headlines.
Freight
Freight Recap:
7/08/25
Aug 07, 2025
Port of Callao halted operations after an Evergreen ship lost 50 containers during rough weather. Meanwhile, July's freight data shows the market stuck in a supply-heavy “holding pattern,” with capacity expanding but pricing rising faster — suggesting a slow, uneven recovery in logistics and transportation
